2012 Q2 Form 10-Q Financial Statement

#000110465912041185 Filed on June 01, 2012

View on sec.gov

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011Q1	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	65634353	shares
CY2012Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	272896000	USD
CY2012Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	655000	USD
CY2012Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	13473000	USD
CY2012Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	8206000	USD
CY2012Q1	us-gaap	Liabilities Current LiabilitiesCurrent	147718000	USD
CY2012Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	216000	USD
CY2012Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	28027000	USD
CY2012Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	134000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-7792000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	17870000	USD
CY2011Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-300000	USD
CY2011Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	18000000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-52392000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	26730000	USD
CY2011Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	3000	USD
CY2011Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	7282000	USD
CY2011Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-7028000	USD
CY2011Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	77000	USD
CY2011Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	352000	USD
CY2011Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-412000	USD
CY2011Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	179000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9194000	USD
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4125000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7344000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11917000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	1850000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	40000000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Redeemable Convertible Preferred Stock ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock	40000000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-72466000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	34316000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	40000	USD
CY2012Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1186000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	161000	USD
CY2012Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	495000	USD
CY2012Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1918000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-2747000	USD
CY2011Q1	us-gaap	Share Based Compensation ShareBasedCompensation	650000	USD
CY2011Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18618000	USD
CY2011Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	47000	USD
CY2012Q1	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	65634353	shares
CY2012Q1	us-gaap	Weighted Average Basic Shares Outstanding Pro Forma WeightedAverageBasicSharesOutstandingProForma	65634353	shares
CY2012Q1	us-gaap	Diluted Earnings Per Share Pro Forma DilutedEarningsPerShareProForma	-0.16
CY2012Q1	us-gaap	Basic Earnings Per Share Pro Forma BasicEarningsPerShareProForma	-0.16
CY2012Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1683000	USD
CY2012Q1	us-gaap	Interest Expense InterestExpense	1690000	USD
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-15824000	USD
CY2012Q1	us-gaap	Operating Expenses OperatingExpenses	46068000	USD
CY2012Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6064000	USD
CY2012Q1	us-gaap	Sales Revenue Net SalesRevenueNet	30244000	USD
CY2012Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	105000	USD
CY2011Q1	us-gaap	Weighted Average Basic Shares Outstanding Pro Forma WeightedAverageBasicSharesOutstandingProForma	65634353	shares
CY2011Q1	us-gaap	Diluted Earnings Per Share Pro Forma DilutedEarningsPerShareProForma	-0.15
CY2011Q1	us-gaap	Basic Earnings Per Share Pro Forma BasicEarningsPerShareProForma	-0.15
CY2011Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	8000	USD
CY2011Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-16140000	USD
CY2011Q1	us-gaap	Operating Expenses OperatingExpenses	29299000	USD
CY2011Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3904000	USD
CY2011Q1	us-gaap	Sales Revenue Net SalesRevenueNet	13159000	USD
CY2011Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	54000	USD
CY2012Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	50477000	USD
CY2012Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	49425000	USD
CY2012Q1	us-gaap	Assets Assets	688609000	USD
CY2012Q1	mpo	Security Deposit And Other Assets Noncurrent SecurityDepositAndOtherAssetsNoncurrent	1663000	USD
CY2012Q1	us-gaap	Commodity Contract Asset Noncurrent CommodityContractAssetNoncurrent	374000	USD
CY2012Q1	us-gaap	Assets Current AssetsCurrent	42309000	USD
CY2012Q1	us-gaap	Commodity Contract Asset Current CommodityContractAssetCurrent	517000	USD
CY2012Q1	us-gaap	Inventory Net InventoryNet	6208000	USD
CY2012Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	4560000	USD
CY2012Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	20915000	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	624656000	USD
CY2011Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	253300000	USD
CY2011Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	695000	USD
CY2011Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	10178000	USD
CY2011Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	7627000	USD
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	85854000	USD
CY2011Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	37524000	USD
CY2011Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	35731000	USD
CY2011Q4	us-gaap	Assets Assets	624656000	USD
CY2011Q4	mpo	Security Deposit And Other Assets Noncurrent SecurityDepositAndOtherAssetsNoncurrent	1879000	USD
CY2011Q4	us-gaap	Commodity Contract Asset Noncurrent CommodityContractAssetNoncurrent	588000	USD
CY2011Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	23792000	USD
CY2011Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	2642000	USD
CY2011Q4	us-gaap	Inventory Net InventoryNet	5713000	USD
CY2011Q4	us-gaap	Commodity Contract Asset Current CommodityContractAssetCurrent	4957000	USD
CY2011Q4	us-gaap	Assets Current AssetsCurrent	48110000	USD
CY2012Q1	dei	Entity Registrant Name EntityRegistrantName	Midstates Petroleum Company, Inc.
CY2012Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001533924
CY2012Q1	dei	Document Type DocumentType	10-Q
CY2012Q1	dei	Document Period End Date DocumentPeriodEndDate	2012-03-31
CY2012Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2012Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
CY2012Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2012Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	66420332	shares
CY2012Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
CY2012Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2012Q1	us-gaap	Interest Expense Other InterestExpenseOther	762000	USD

Files In Submission

Name	View Source	Status
0001104659-12-041185-index-headers.html	Edgar Link	pending
0001104659-12-041185-index.html	Edgar Link	pending
0001104659-12-041185.txt	Edgar Link	pending
0001104659-12-041185-xbrl.zip	Edgar Link	pending
a12-11641_110q.htm	Edgar Link	pending
a12-11641_1ex31d1.htm	Edgar Link	pending
a12-11641_1ex31d2.htm	Edgar Link	pending
a12-11641_1ex32d1.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
mpo-20120331.xml	Edgar Link	completed
mpo-20120331.xsd	Edgar Link	pending
mpo-20120331_cal.xml	Edgar Link	unprocessable
mpo-20120331_def.xml	Edgar Link	unprocessable
mpo-20120331_lab.xml	Edgar Link	unprocessable
mpo-20120331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending